New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-02-19
AN EXPERT AT PHENIY.
INTERVIEW WITH PROFESSOR MAYNARD ON THE
GOLD MINE IN ARIZONA.

GOLD MINE IN ARIZONA.
From ne Ysie. York MaH and Erpre1 Of February H.
Tho reputation of Professor George W. Maynard, the
mining engineer has been for many years widespread
among scientists He is one OF tho many experts
who have examined the Phoenix Gold Nine which Is re-
ported TO be huge bonanza and the stock OF which Is
widely specuated la than any other mining STOCK on
the market for years Inquiries are daily received Tor
Information In regard 10 the PhGnix Nine Proiessor
Maynard has but recently returned from the property and
wa. found by reporter at his Office. No. 80 Broadway
Professor Maynard Is weprcservcd, active man. about
forynye years OF age. exceedingly reserved and self
contained and would be- called In mining parlance
. cold nosed bear" His words. while few are to the
point
Mr. MAYNARD expressed his dislike OF being interviewed
on tho PhTnix Mine particularly as the STOCK was 80
very active but OF he would not hesitate to give
his ounion ~ IL would really be accommodation to the
public. -,
He said that he had examined the mine carefully IN
company with Mr. Fletcher state Assayer OF Massachu-
sets lie had formed favorable opinion OF the property
but had written report II which lie Intended for sew
eral reasons to be very conservative, and chiefly
b.cau.e no had been advised by friends that
certain reckless spectators and manpulators
were running a big deal In tho Ph@nix stock He
had taken unusual precautions with his samphs Oh tne
ore and with his assays which were made with
Mr. R,ebe nj the School OF Mines OF Column
bla College, taking precautions against any particles OF
fire.. gold getting into them and making trpcate assays
IA checks. He had found twcntythree feet averaged
ST. 80 per ton free gold In vein over ono hundred
feet wide, with perhaps several other good
nav streaks through IT, which could only be
safely proved when the mill Is running. The vein
was certainly very large with every promise OF perma
hence In depth and amount OF Stopping ground seldom
seen lie had tho erection OF hfty stamp
mill TO begin with and believes 1t will pay S25oOOO
per annum profit. OF course more stamps could be
added "a the mine opened up sufficiently to war
rant 1t.
lie had seen few veins OF such magnitude bear
ing gold. As development work progressed the value
OF the mine would be likely TO Increase very largely.
OF course this n chance that all mines must takc
but he really thought that the chances OF enhanced vane
nj the Phoenix Mine exceedingly good. Ho had
known promising properties put upon the market
anywhere and perhaps, after tho Wall Street men had
made their deal and sold out Colonel Jemison and his
friends who were work tho mine legitimately IA he
understood IT, would make money In the end than
they lie thought the Wall street men too anxious.
As for himself he would Ike ~ open up tho mne ana
put up the m and take the gold out OF the rock There
had been some talk OF making him consulting engineer
OF the company which he would try to show re-
suits alike gratifying specustors aud Investors lilo
would be disappointed II mine with such possibilities
were allowed TO kick about Wall Street anu not DO prop
rLad